Evening business.

Deal ends: VideOcart Inc. said Wednesday its strategic...

February 17, 1993

Deal ends: VideOcart Inc. said Wednesday its strategic alliance with International Business Machines Corp. is being terminated by mutual agreement. Chicago-based VideOcart said it will realize a one-time gain of about $20 million. The company first announced a strategic alliance with IBM in July 1991, with IBM agreeing to manufacture the company's 10-button display unit. However, after extensive consumer research, the unit was dropped.